From The Real Deal · Holden Walter-Warner · · 40s
Mark Weiss to lead federal real estate
Trump admin appoints Mark Weiss to manage federal property sales.
In brief
Trump admin appoints Mark Weiss to manage federal property sales. Mark Weiss, Cushman & Wakefield executive, will oversee federal real estate sales to reduce costs. Originally reported by The Real Deal.
Mark Weiss appointed
Mark Weiss, Cushman & Wakefield executive vice chair, became commissioner of the Public Buildings Service under Trump administration.
Federal property sales
The government sold 125 properties totaling 6.5 million square feet for $614 million since last year.
Sales strategy shift
The government aims to sell 100 projects this year for $450 million to reduce maintenance costs.
The takeaway
Mark Weiss, Cushman & Wakefield executive, will oversee federal real estate sales to reduce costs.
